Hot Pursuit     12-Jun-24
AGS Transact surges on commencing deployment of 1,350 ATMS
AGS Transact Technologies advanced 6.70% to Rs 79.02 after the company commenced deployment of 1,350 ATMs, for order received from State Bank of India (SBI) under its banking automation solutions portfolio.
The deployment is expected to be completed by H1 FY25. The order encompasses the sale of banking automation solutions as well as long-term annual maintenance contracts. The order will contribute towards the strengthening of the top line of this business segment.

As of 31 March 2024, AGS Transact Technologies has installed, managed, or maintained 75,361 ATMs/CRMs across 2200 cities and towns in India.

AGS Transact Technologies is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients.

The company reported a net loss of Rs 4.44 crore as compared to Rs 15.36 crore in Q4 FY24 over Q4 FY23. Revenue from operations declined 17.78% to Rs 349.18 crore in Q4 FY24.

Previous News
  AGS Transact Technologies reports consolidated net loss of Rs 48.31 crore in the March 2022 quarter
 ( Results - Announcements 28-May-22   10:06 )
  AGS Transact Tech makes muted debut
 ( Hot Pursuit - 31-Jan-22   10:18 )
  AGS Transact rallies on appointing Vinayak Goyal as subsidiary’s MD
 ( Hot Pursuit - 21-Jun-24   12:05 )
  AGS Transact Techs. schedules board meeting
 ( Corporate News - 13-Jun-24   10:17 )
  AGS Transact Techs. to convene board meeting
 ( Corporate News - 31-Jul-23   15:42 )
  AGS Transact Technologies approves conversion of loan to equity in subsidiary
 ( Corporate News - 30-Jun-22   20:46 )
  AGS Transact Techs. schedules board meeting
 ( Corporate News - 02-Feb-24   15:33 )
  AGS Transact Tech IPO subscribed 88%
 ( IPO Centre - IPO News 19-Jan-22   17:47 )
  AGS Transact Techs. to convene board meeting
 ( Corporate News - 28-May-24   14:34 )
  Shares of AGS Transact Technologies get listed
 ( Corporate News - 31-Jan-22   09:08 )
  CRISIL revises AGS Transact's outlook to 'negative'; reaffirms 'A+' rating
 ( Hot Pursuit - 27-Nov-23   10:51 )
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